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The bank is considering bond issuance in currencies other than the euro
◆ Intesa Sanpaolo's Slovakian arm is a frequent issuer ◆ Banker said 33bp could be through FV ◆ CEE covereds offer the widest spread, ABN wrote
Books were €700m for what had been penned as a €750m deal
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DP World, the company responsible for operating Dubai’s ports, is buying back two of its outstanding bonds, becoming the fifth EM borrower to do so in September. -
Mattress maker Zinus is planning to launch its up to W271.9bn ($228.8m) IPO in South Korea in October, according to a source close to the deal.
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A former director of research at CLSA has joined UBS Investment Research as a managing director, according to a note from the Swiss bank.
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Axis Bank is looking to raise Rp100bn ($1.4bn) from a primary share sale to boost its capital adequacy ratio, according to sources close to the deal.
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Challenges are rife across the banking industry in the Gulf. As banks struggle to keep up with technological innovation and the growth of foreign competition, domestic players told GlobalCapital what needs to be done to combat these existential threats.
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The Export-Import Bank of Korea (Kexim) turned to the Taiwanese market to raise Australian dollars, after finding a receptive audience for the currency.
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